Kitchen and Bathroom Remodels: Necessity or Nicety?
Written by KERI HENKE As the U.S. housing market conditions shift more in favor of buyers, there are upgrades home sellers may consider to ensure a more competitive listing. American chef and TV personality Andrew Zimmern often says “Life happens in the kitchen.” It’s...
September 2023 National Housing Report
Inventory Grows for Sixth Straight Month While Sales Decline The number of homes on the market grew month over month for a sixth consecutive month in September as sales declined 13.8% from August and 17.0% from a year ago. The 9.3% increase in inventory was the...
August 2023 National Housing Report
Home Sales and New Listings Both Increase as Summer Winds Down New listings rose 1.8% sequentially in August, bucking the typical July-to-August seasonal trend of decline. Last year, new listings declined 12.8% in August, the second month in a streak of six...
4 Pointers For Pet Owners Preparing Their Home To Sell
Pets are the best – but not all prospective homebuyers will agree. Check these essential tasks off your list before your house hits the market. If you have a dog or cat, you know two things are true: pets are lovable, and pets can be messy. This is a sentiment shared...
July 2023 National Housing Report
July Sales Down but Inventory is Up, Sellers Get Their Asking Price July marked the first month-over-month decline in home sales since April, signaling that perhaps the peak of summer buying is beginning to taper. Growth in the inventory of homes for sale inched up...
June 2023 National Housing Report
June Home Sales Tick Up Over May June posted month-over-month increases in home sales (up 5.4% from May) and inventory (up 7.2%) while year-over-year activity continued to trail the strong results of early 2022. June 2023 home sales were 18.7% below last June's,...
How to Maintain Resale Value While Enjoying Your Home
Homeowners: Here are four ways to help a property hold its value over time. Buying a home is a big investment, both emotionally and financially. Homeowners should enjoy their home for the reason they purchased it, whatever that might be. But they can also protect –...
May 2023 National Housing Report
May Delivers 20% Increase in Homes Sales Ahead of Peak Months The latest national housing report for May reveals a seasonal, 20% increase in home sales over April, as well as an 8.7% uptick in new listings. While sales are still down 18.7% from last May, solid...
April 2023 National Housing Report
April Sales Decline of 7.6% In Contrast with Seasonal Ramp-Up The seasonal ramp-up to peak summer homebuying did not occur in April as closings dropped 7.6% from March across the report’s 49 metro areas. That came as the Median Sales Price rose 2.3% to $409,000...
AV’S BEST REAL ESTATE SERVICES 2023
On behalf of all the REALTOR’s at RE/MAX All-Pro would like to thank our community for once again voting us “Best Real Estate Agency” for 2023. As a 9-time recipient of the AV BEST award, RE/MAX All-Pro has become synonymous with real estate in the Antelope Valley....
Writing an Offer Letter: 4 Things to Avoid
How homebuyers can stand out for all the right reasons in a busy real estate market. In a competitive seller’s market, it doesn’t hurt to set yourself apart from other home-buying candidates when making an offer on a home. Writing an offer letter can be the key to...
March 2023 National Housing Report
Expected Spring Surge in Home Sales Arrives March home sales jumped 37.7% over February, signaling the start of the peak spring and summer seasons in the report’s 52 metro areas. While inventory was down 2.8% from February’s total, March inventory was 56.4% higher...
SPRING HOME SELLERS: HOW TO CHOOSE A REAL ESTATE AGENT
When it’s time to list your home, work with a qualified professional – like a RE/MAX agent – who has a track record of experience and results. Winter has come to an end – which typically means a busier season of buying and selling homes is here. With factors...
February 2023 National Housing Report
Home Sales Show Strong Increase and Slight Rise in Median Sales Price Over January Despite being down 24.4% year over year, February home sales increased 16.8% from January. That was the largest month-over-month increase in 11 months and ended a five-month streak of...
HOMEBUYER AND SELLER EXPECTATIONS ARE CHANGING, ACCORDING TO 2023 RE/MAX FUTURE OF REAL ESTATE REPORT
What’s in store for U.S. real estate this year and beyond? Learn key insights from the new report. The real estate market is forever in flux – and the past few years of changing housing prices, consumer demand and mortgage rates have had a considerable effect. The...
January 2023 National Housing Report
Home Prices Almost Back Where They Were a Year Ago as New Listings Surge January’s Median Sale Price of $385,000 was down 1.0% from December, marking the seventh consecutive month of price declines. Year over year, the January 2023 figure was just 1.3% higher than...
December 2022 National Housing Report
The housing market decelerated throughout 2022 creating more opportunities for homebuyers, in stark reversal of the frenzied seller’s market of the previous year. The year’s most telling stats were punctuated in December: Home sales were down 38% from a year ago while...
BUYERS GAIN LEVERAGE AS MORE HOMES BEING LISTED, STAYING ON MARKET
November 2022 U.S. housing data from RE/MAX indicates more opportunities for buyers may be on the horizon. Typical of this time of year, November 2022 saw a dip in home sales – down 12% from October and down 37% year-over-year. Although this can be considered normal...
November 2022 National Housing Report
November begins a stretch of four months with typically the lowest home sales of the year – including December, January and February – and this November followed suit. Seasonality was just one factor contributing to November’s 12% drop in home sales from October in...
October 2022 National Housing Report
October revealed a vastly different housing market from one year ago, with 30.7% fewer closings, 36.8% more homes for sale, and the average home taking nearly a week longer to sell, at 35 days on market. As a result, the Median Sales Price was pushed down 0.3% to...
September 2022 National Housing Report
Typical for this time of year, September home sales declined 9.7% from August across the report’s 53 metro areas. That led to inventory climbing to two months’ supply for the first time in nearly two years – an encouraging sign of a more balanced market to come....
RE/MAX ANNOUNCES ‘GLOBAL RE/MAX WEEK’ TO GIVE BACK
The week-long event in October will feature RE/MAX affiliates around the world supporting local communities through acts of service, fundraisers and volunteering. Giving back is an integral part of RE/MAX culture. Throughout the year, affiliates support their...
August 2022 National Housing Report
According to August data in the RE/MAX National Housing Report, home sellers, on average, accepted offers below their listing prices last month – a further indication of rebalancing in the housing market. Across the report’s 51 metro areas, the average Close-to-List...
July 2022 National Housing Report
A double-digit drop in home sales from June to July fueled a double-digit increase in homes for sale, triggering the first decline in the Median Sales Price since January. July's Median Sales Price of $415,000 was down 2.9% from June and the lowest since...
HALFWAY THROUGH 2022, SIGNS POINT TO A REBALANCING U.S. HOUSING MARKET
According to RE/MAX, the number of homes for sale increased in June 2022, while home prices stabilized. The first half of 2022 has come and gone. And, based on early indications and several results from June, the ultra-competitive, multiple-offer conditions for...
June 2022 National Housing Report
Halfway through the peak summer buying season, this year’s home sales are falling short of 2021’s, as signs of more balance in the market take hold. • June posted the most home sales of any month thus far this year, topping May by 4.7% but falling 17.6% short of June...
May 2022 National Housing Report
Although May is one of the most active months of the year for home sales, closings in May 2022 were 8.5% lower than May 2021. They did, however, climb 5.8% over April. That month-over-month increase was approximately half of the average gain in May during the...
HOUSING SUPPLY INCREASED FOR THE SECOND MONTH IN A ROW AS HOME SALES DECLINE
Typically a hot month for home sales, May 2022 saw closed transactions dip 8.5% lower than the same time last year. May is usually an active month for home sales – but May 2022 saw an 8.5% decrease in closings year-over-year. RE/MAX, LLC President and CEO Nick Bailey...
April 2022 National Housing Report
Signaling a flattening of the seasonal spring ramp-up, April 2022 home sales increased less than 1% over March –...
TO PAINT OR NOT TO PAINT? HOW HOME SELLERS CAN OPTIMIZE INTERIOR WALL COLOR
According to a RE/MAX agent and interior design specialist, a home’s color palette can make a significant impact on prospective buyers. Here’s why. Using color throughout a home can be expressive, creative and hold cultural significance. But what happens to that level...